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Data as of .

MAYC vs MAYP: which one stands where?

As of Sep 21, 2026 MAYC can fall 5.7% before its buffer engages and MAYP 5.6%, and MAYP resets 3 days sooner.

Corgi U.S. Equities 10% Structured Buffer ETF - May Series and PGIM S&P 500 Buffer 12 ETF - May.

ETFIQ Downside Cover Score: MAYP scores higher

If the market falls into a bear market from here, how much does the buffer absorb?

MAYC 38.1MAYP 59.90.2, the lowest in this set99.8, the highest

A percentile among the 293 buffer ETFs with a live outcome period. It is a position in a set, not a rating, and neither end of it is a recommendation. All buffer ETFs ranked by it · How it is computed

MAYCBetween buffer and cap
10 pts of buffer+6% gain captured+7.5% more to the cap−10.0% floor0% period start+13.5% capTODAY · SPY +6.0%10 pts+6%−10.0% floor0% start+13.5% capTODAY · SPY +6.0%
MAYPBetween buffer and cap
12 pts of buffer+7.7% gain captured+7.2% more to the cap−12.0% floor0% period start+14.9% capTODAY · SPY +7.7%12 pts+7.7%−12.0% floor0% start+14.9% capTODAY · SPY +7.7%

Where each one stands today

MAYP resets first, on Apr 30, 2027, 221 days from now; MAYC runs to Apr 30, 2027, 224 days. A fall from here reaches MAYC’s buffer after 5.7% and MAYP’s after 5.6%. Both track SPY, so what separates them is where each is in its own period.

Every figure is ETFIQ’s own, from the issuer’s published outcome-period terms. A buffer ETF holds FLEX options on its reference index rather than shares, so there is no holdings overlap between two of them to report.

Performance, window by window

MAYC and MAYP over each window. Every figure is an ETFIQ calculation with distributions reinvested. Source: ETFIQ.
WindowTotal returnGap to the reference
MAYCMAYPMAYCMAYP
3 months+1.6%+2.2%−0.6 pts0.0 pts
6 monthsnot published+7.5%not published−10.6 pts
1 yearnot published+10.0%not published−6.6 pts
Open the live comparison on ETFIQ
MAYC and MAYP on the same fields, as of Sep 21, 2026. Source: ETFIQ.
MAYC
Corgi U.S. Equities 10% Structured Buffer ETF - May Series
Absorbs the first 10% of loss on SPY and caps the gain at 13.5%, over a period ending Apr 30, 2027
MAYP
PGIM S&P 500 Buffer 12 ETF - May
Absorbs the first 12% of loss on SPY and caps the gain at 14.9%, over a period ending Apr 30, 2027
IssuerCorgiPGIM
Reference indexSPYSPY
Buffer10%12%
Outcome periodMay 1, 2026 to Apr 30, 2027May 1, 2026 to Apr 30, 2027
Days left224221
Starting cap+13.5%+14.9%
Can still gainnot published8.5%
Fall before buffer5.7%5.6%
Protection left, index points10.0% of 10.0%12.0% of 12.0%
Index return this period+6.0%+7.7%
Fund return this period+5.0%+5.4%
State todayOpenOpen
Expense ratio0.30%0.50%
Net assets$2m$31m

MAYC in plain words

The fund's price can fall 5.7% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 5.7% from today's level to the point where the buffer begins. Protection left, in index points: 10.0% of the 10.0% buffer still sits below today's SPY level. 224 days remained on Sep 21, 2026. On Apr 30, 2027 the period ends and a new cap is set.

MAYP in plain words

From its price on Sep 21, 2026, the fund can gain about 8.5% more before it reaches its cap. The fund's price can fall 5.6% from here before the buffer starts absorbing losses, by the issuer's figure. In index terms, SPY can fall 7.1% from today's level to the point where the buffer begins. Protection left, in index points: 12.0% of the 12.0% buffer still sits below today's SPY level. 221 days remained on Sep 21, 2026.

Questions people ask

Which resets first, MAYC or MAYP?
MAYC ends its outcome period on Apr 30, 2027 and MAYP on Apr 30, 2027. A new cap is set the day after each.
Which is cheaper, MAYC or MAYP?
MAYC charges 0.30% a year and MAYP charges 0.50%, so MAYC is cheaper. Fees come from each fund's prospectus.

Other comparisons

Where these figures came from

ETFIQ links to the documents behind every figure. It is not affiliated with any issuer, and a link is not an endorsement.

MAYC against MAYP, ETFIQ, data as of Sep 21, 2026. Every figure is calculated from a named public source; the method is at etfiq.com/methodology. A comparison is not a recommendation.

Cite this page. ETFIQ, MAYC against MAYP, data as of Sep 21, 2026. https://etfiq.com/compare/buffer/mayc-vs-mayp Free to use with attribution; the underlying files are at Open data.

How every figure is computed · Standards and sources